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Select two programmes to compare passport strength, investment routes, tax, and migration pathways.

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Programme B

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Portugal

Western Europe's value proposition — EU citizenship in 5 years, NHR tax regime, and a lifestyle that draws 700,000 expats and counting.

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Malta

The only EU citizenship-by-investment program remaining — Malta offers a genuine European passport in an English-speaking, sun-drenched archipelago.

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RegionSouthern Europe (EU)Southern Europe (EU)
Passport rank#5 · 186 visa-free destinations#4 · 186 visa-free destinations
SafetyExcellentExcellent
Happiness rank#54#34
GDP per capitaUSD 25,000USD 34,000
Tax summaryThe Non-Habitual Resident (NHR) regime — now replaced by IFICI for new applicants from 2024 — provided 10 years of 20% flat tax on Portuguese-sourced income and 0% on qualifying foreign income. The new IFICI regime (for tech workers, researchers, and certain HNW) maintains similar benefits but has narrower eligibility. Standard income tax is 14.5–48%.Malta's individual investor tax regime allows non-domiciled residents to pay 15% flat tax on foreign-sourced income remitted to Malta (minimum annual tax of EUR 15,000). Non-remitted foreign income is untaxed. Capital gains on overseas assets are tax-free. The Global Residence Programme (GRP) offers 15% flat tax with EUR 15,000 minimum.
Min. investmentNo investment — proof of EUR 820/month passive income (pension, rental, dividends, or remote income) (≈ USD 900/mo income (EUR 820/mo))EUR 150,000 government contribution (South Malta property) + EUR 300,000 property purchase or EUR 10,000/year rental; or EUR 98,000 government contribution (Gozo) + similar property thresholds (≈ USD 440k+ (Gozo: EUR 98k contrib + EUR 300k property))
Citizenship timelineCitizenship after 5 years with basic Portuguese language test (A2)Citizenship via MEIN route (separate program)
Skills migrationProfession-basedProfession-based
Work permitsWork Visa (D1), Highly Qualified Activity Visa (D3), Digital Nomad Visa (D8)Single Permit (Non-EU Employment), Key Employee Initiative, Nomad Residence Permit
Key industriesTechnology, Tourism, Financial services, Agriculture (wine, olive oil, cork)Financial services, iGaming, Aviation MRO, Tourism

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